Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Acquired by Banco Santander S.A.

Banco Santander S.A. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 138.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,206 shares of the company’s stock after buying an additional 194,451 shares during the quarter. Banco Santander S.A.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $28,074,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 136.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $30,000. Chapman Financial Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $34,000. Finally, Abich Financial Wealth Management LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth approximately $35,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT stock opened at $82.45 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $81.43 and a 12-month high of $84.84. The business has a 50 day simple moving average of $82.66 and a 200 day simple moving average of $83.38.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.3412 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.